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Is this the right time to Invest in Welspun India?

Discussion in 'Fundamental Analysis' started by nirajshah, Sep 1, 2016.

  1. nirajshah

    nirajshah Champion

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    At 48 Rs, do you think it is the right time to invest in Welspun India?
     
    nirajshah, Sep 1, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    I think so but technically I prefer clarity over the news.
     
    shabbir, Sep 1, 2016
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  3. caringvij

    caringvij Active Member

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    1.debt/equity of welspun India is 2.15. The customer has shifted the order to other supplier. But there is news about other customer status such as walmart
     
    caringvij, Sep 1, 2016
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  4. caringvij

    caringvij Active Member

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    No news from other customer such as Walmart. The management has to come out clean with CA PA
     
    caringvij, Sep 1, 2016
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  5. shabbir

    shabbir Administrator Staff Member

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    2.15 is at 50 Rs per share but at 100 Rs it was close to 1.
    If you know they will then you can invest else avoid.
     
    shabbir, Sep 1, 2016
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  6. caringvij

    caringvij Active Member

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    Thanks for your reply. Kindly share your opinion in Trident Ltd with whom TARGET has diverted the order of welspun
     
    caringvij, Sep 2, 2016
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  7. nirajshah

    nirajshah Champion

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    nirajshah, Sep 2, 2016
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  8. shabbir

    shabbir Administrator Staff Member

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    Yes true but then high debt is a major concern for me more than anything else but I think this stock is anyways in upper circuit and we would net anything as of now.
     
    shabbir, Sep 3, 2016
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  9. Suresh_Sinha

    Suresh_Sinha Active Member

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    Yes very high debt
     
    Suresh_Sinha, Sep 4, 2016
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